Parkland Q3 Profit Climbs, Maintains FY25 Adj. EBITDA Outlook; Sunoco Deal To Close On Oct. 31
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Parkland Corp. reported a Q3 profit increase, with net earnings rising to C$129 million from C$91 million year-over-year. The company is on track to meet its fiscal 2025 Adjusted EBITDA Guidance of C$1.8 billion to C$2.1 billion. Parkland's acquisition by Sunoco LP is set to close on October 31, leading to its delisting from the Toronto Stock Exchange. The new entity, SUNCorp, LLC, will trade on the NYSE starting November 3 under the ticker "SUNC."
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